Carbon tax now in effect

>> FOR all the facts on the carbon tax, check out this handy graphic by researcher Edmund Tadros.

THE political furore over the carbon tax is set to reach new levels of intensity today as one of the most divisive pieces of government policy in recent times officially begins.

From today, around 500 businesses will be made to pay $23 for for every tonne of pollution they produce and they say they will have no choice but to pass on the cost to consumers.

The Federal Government is compensating low-income earners and says life will go on for Australian households, but the Opposition argues it the tax is an unnecessary burden during tough economic times.

To mark the day the Opposition is rolling out an advertising campaign that highlights Prime Minister Julia Gillard's policy reversal, after she announced before the 2010 election that there would be no carbon tax under a government she led.

The Government however is using the landmark day to announce extra payments and incentives as a further attempt to counter any carbon tax pain.

Read more at ABC news online.



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